A study has found 55% of defined benefit (DB) members who spoke to a financial adviser chose to transfer out to access the pension flexibilities in 2016-17, compared to just 36% the previous year.
Willis Towers Watson surveyed financial advisers and combined this with its own experience to find out what over 170,000 DB members across 350 schemes who spoke to their advisers had chosen do in the two...
An innovative funding structure has been agreed for Croydon Pension Fund. However, there are some concerns about the arrangement. Stephanie Baxter reports
Some 52% of red flags raised by schemes on suspected scam pension transfers involve advisers or unregulated introducers, a report by the Pension Scams Industry Group (PSIG) has claimed.
The Norfolk Pension Fund has been successful as the lead plaintiff in a class action case that went to jury trial in California involving securities fraud.